GEICO SportsNite: Sabathia, Cervelli and Girardi on loss to Red Sox

GEICO SportsNite delivers the post game reaction from CC Sabathia, Francisco Cervelli and Joe Girardi following the Yankees' 4-2 loss to the Red Sox.http://web.sny.tv/media/video.jsp?content_id=32011921

Torrens was selected by the Reds and traded to the Padres, Jones was selected by the Diamondbacks, Smith was selected by the Brewers and traded to the Cubs, and Webb was selected by the Pirates.

In order for any/all of the above players to remain with the team that selected them, they must remain on that team's 25-man roster for the entirety of the 2017 season. If not, they will be offered back to the Yankees.

Yankees, Chapman agree to five-year, $86 million deal

Dec 8 | 7:40AM

The Yankees and free-agent closer Aroldis Chapman have agreed to a five-year, $86 million deal, FoxSports.com's Ken Rosenthal reported late Wednesday night.

"I love the (Yankees) organization," Chapman told ESPN's Marly Rivera. "They welcomed me with open arms and that's why I decided to go back. I was hoping I had a chance to go back and it happened."

Chapman will be able to opt out of his contract after three years, according to Rosenthal. His contract will have a full no-trade clause over the first three years of his deal and a limited no-trade clause for the final two, which according to Rivera, is a no-trade provision to a West Coast team.

Yankees announce signing of Matt Holliday

Dec 7 | 4:00PM

The Yankees have signed OF Matt Holliday to a one-year deal, the team announced Wednesday.

The deal is worth $13 million, according to multiple reports.

"I feel really good about being able to play the outfield and some first base, and obviously to get a chance to DH, it helps to stay healthy and to be able to feel fresh and have your best swing over a long season," Holliday told Mark Feinsand of the Daily News.

When Carlos Beltran signed with Houston, the Yankees turned to Holliday, whose option was declined by the Cardinals after last season. Holliday spent the last eight years with the Cardinals, and hit .246/.322/.461 with 20 HR and 62 RBI in 110 games at first base and left field last season.

Veteran slugger Holliday fits the Yankees' mold

The Daily News Live panel discusses the Yankees' signing of veteran Matt Holliday and ponders his impact on the team in 2017.

The Yankees have a plan and signing Matt Holliday as their designated hitter signals they are sticking to it.

GM Brian Cashman weighed several long-term and short-term options on the DH market, but the blueprint for the organization screamed one-year deal, to which they settled. The club is not one year from serious World Series contention -- in fact they might be a couple of years away. So long-term deals for a DH made little sense.

I was hoping the Yankees would reunite with switch-hitter Carlos Beltran because I felt his left-handed power was a necessity and he was also looking for a one-year deal. Once Beltran signed with the Astros, I figured that Brandon Moss, a left-handed masher, would be a solid option. The Yankees obviously felt that they had enough left-handed hitters in the lineup and that adding another was not necessary.

Schneider said the Yankees are one of "several" teams in "ongoing" dialogue about Valbuena, and while the third basemen has already received a few offers, Schneider would not say if the Yankees made one. However he did describe talks with the Yankees as "continuing."

Valbuena was off to a solid start in 2016, hitting 13 HRs and 40 RBIs to go with his .260 BA and career-high .816 OPS, before injuring his hamstring in late July. The injury would eventually require surgery, forcing the 31-year old to miss the remainder of the season.

Schneider would not state what type of deal his client is looking for other than saying the veteran wants more than "one year" on a contract. He added that Valbuena is looking to be an everyday player next season, even if it is at a variety of positions.

Yankees head to Winter Meetings with openings to fill

With the Winter Meetings kicking off Monday in Washington, D.C., in what areas can we expect GM Brian Cashman to center his concentration?

First, the methodology

Cashman does not typically use the Winter Meetings to make all his deals for the offseason. He tends to lay groundwork with free agents and their representatives as well as interact with GMs concerning players available on the trade market. Often, Cashman makes minor deals during the Winter Meetings and strikes any major trades or signings after the information collection process. But I would not be surprised if Cashman moved a bit quicker this offseason since he had plenty of time to collect data while he waited for the completion of the CBA.

Encarnacion, Holliday among players Yankees interested in

Dec 2 | 7:33PM

Jon Hein and Eamon McAnaney discuss the Yankees' rebuilding process and how they should approach it moving forward.

The Yankees, looking to acquire bats, are interested in bringing in Edwin Encarnacion, Matt Holliday, Mike Napoli and Carlos Beltran, according to FanRag's Jon Heyman.

The Yankees had been linked to OF Yoenis Cespedes and now appear to be looking elsewhere after Cespedes re-signed with the Mets.

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Yankees contract decisions with arbitration-eligible players loom

By Chris Carelli | Dec 1 | 1:15PM

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(Kevin Sousa)

Friday is the deadline to tender contracts to arbitration-eligible players, and the Yankees do not seem to have any difficult decisions to make. After releasing Nathan Eovaldi and Dustin Ackley last week, the remaining arbitration eligible players each have reasonable cases to receive contracts from the Yankees.

The Yankees are rumored to be interested in signing an elite free agent closer, with Aroldis Chapman on the winter wish list, but tendering Betances a contract is a no-brainer. Betances has become one of the top relievers in the game himself, enough so that Yankees GM Brian Cashman has indicated the club would be content with Betances controlling the ninth inning if they do not sign Chapman, Kenley Jansen or Mark Melancon. In a monetary sense, Betances making one-fifth the salary of his potential bullpen mate for virtually the same production is a major value to the Yankees.

New MLB Collective Bargaining Agreement officially reached

Dec 2 | 7:39PM

Owners, players, MLB officials and the Major League Baseball Players Association reached an agreement Wednesday night on new a five-year collective bargaining agreement, the league announced Friday afternoon.

The deal includes revised rules for free-agent and qualifying offer compensation, the international amateur market and luxury tax threshold.

In the previous labor deal, teams were fined for payrolls exceeding $189 million. In the new agreement, the luxury tax threshold will rise annually from $195 million to $210 million. Teams that repeatedly exceed the payroll threshold by a certain rate will be subject to increasing tax rates, which could reach as high as 90 percent.

Nov 30 | 3:34PM

Yankees SP Masahiro Tanaka, who finished seventh in the AL Cy Young voting, believes 2016 was his best season in the majors so far and he'd like that success to translate into the World Baseball Classic, he told the Japan Times.

Tanaka finished the season 14-4 with a 3.07 ERA in 199.2 innings, also striking out a career-high 165 batters.